Phone enquiries - please quote property ID 31632.
Overview:
Step into a boutique business designed for the modern retail market. With a strong community and a loyal social media following, this business is poised for continued success. Recently renovated premises with a purpose-built interior, it boasts various functional spaces, including a store room, product photography area, fabric/order processing room, admin office, and a fully equipped kitchen/breakroom. The premises feature effective heating and cooling, ensuring a comfortable shopping environment for customers.
Key Features:
- Long and secure lease, valid for 4 years from April 2023, with a 5-year option.
- Annual turnover of approximately $230,000 with a monthly rent of $3,000 (including GST).
- Streamlined digital inventory management system, facilitating efficient operations.
- High-end, custom-built online store seamlessly integrated with the inventory management and register system.
- Impeccable business records, ensuring smooth operations and easy transition for the new owner.
Business Details:
This exciting business operates in the thriving DIY hobby industry, catering to a niche market. Currently open from 10 am to 5 pm, Tuesday to Saturday, it attracts a diverse customer base. With a vast network of exclusive fabric industry contacts, both locally and internationally, the business enjoys unique product purchasing opportunities. Additionally, a large and responsive mailing list, boasting an impressive over 50% open rate, ensures a loyal customer base and effective marketing campaigns. Moreover, it has an extensive database of over 1700 loyal customers, providing a strong foundation for repeat business and targeted marketing initiatives.
Location:
Perfectly situated only 6 km from the Melbourne CBD, just off main arterial Footscray road, this business enjoys the prestige and of inner city suburb address. The strategic location benefits from proximity to the newly renovated School of Sewing & Upcycling, a popular sewing school and film and television productions in Docklands. With bustling Footscray Station only a 10-minute walk away, accessibility is maximized for both local and out-of-town customers.
Training and Support:
A thorough walkthrough of business processes and comprehensive product training can be provided during the handover period, to ensure a seamless transition for the new owner.
Don't miss out on this opportunity to step into an exciting boutique business with a strong presence in the local community and a nationwide reputation in the sewing community. The possibilities for growth and further expansion are boundless.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
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